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NK Imerys SA News Story

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Brief: French company Imerys: implementing some surcharges or pricing adjustments due to impact from Middle East

March 26 (Reuters) - Imerys SA IMTP.PA:

Due to the ongoing geopolitical volatility in the Middle East, the global logistics and energy markets are currently experiencing significant and unpredictable cost escalations, said Imerys in a statement.

These external factors are directly impacting the operational costs of our Performance Minerals businesses across all regions, including EMEA, the Americas and APAC, added the company.

In order to maintain a seamless supply of our minerals to our customers, we are implementing surcharges or pricing adjustments for all products shipped from our Performance Minerals assets.

These adjustments will include both Logistics Emergency Surcharges (addressing increased maritime and land transport costs), effective immediately and Energy Surcharges (addressing fluctuations in manufacturing and processing power costs), effective for all orders shipped from April 1.

Source text: [ID:]

Further company coverage: IMTP.PA

 (Reporting by Sudip Kar-Gupta)

 ((sudip.kargupta@thomsonreuters.com;))

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